The company reported standalone net profit during the quarter stood at Rs 3.68 crore compared to net loss of Rs 5.04 crore in the previous year quarter.
Net revenue of the company rose substantially by 41.77 per cent at Rs 2.24 crore in October-December quarter of this fiscal as against Rs 1.58 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 115.45 per cent to Rs 7.39 crore from Rs 3.43 crore in year ago period.
Other Income grew by 4494.34 per cent at Rs 24.35 crore versus (Dec'24 Rs 0.53 crore).
Operating Profit surged by 178.92 per cent to Rs -5.16 crore as against Rs -1.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 97.14 per cent in December quarter.
Interest grew by 91.99 per cent y-o-y to Rs 6.95 crore, while Taxation increased by 82500.00 per cent at Rs 8.24 crore (Dec'24 Rs -0.01 crore).